Edgewise Provides Statement Regarding Company’s Relationship with Dr. Han Phan at Rare Disease Research
December 05 2024 - 1:32PM
Business Wire
Edgewise Therapeutics, Inc., (Nasdaq: EWTX), a leading muscle
disease biopharmaceutical company, today provided information
regarding the company’s relationship with Dr. Han Phan at Rare
Disease Research.
On November 27, 2024, the U.S. Food and Drug Administration
(FDA) issued a warning letter to Dr. Phan based on a 2024 site
inspection related to her work with another company. This warning
letter is unrelated to any Edgewise clinical trial or data. None of
the Edgewise clinical trials are the subject of the FDA’s warning
letter.
Edgewise has audited Dr. Phan’s site multiple times and believes
that the data related to the Edgewise clinical trials at the site
are being acquired and stored in accordance with FDA
requirements.
About Edgewise Therapeutics
Edgewise Therapeutics is a leading muscle disease
biopharmaceutical company developing novel therapeutics for
muscular dystrophies and serious cardiac conditions. The Company’s
deep expertise in muscle physiology is driving a new generation of
novel therapeutics. Sevasemten is an orally administered skeletal
myosin inhibitor in late-stage clinical trials in Becker and
Duchenne muscular dystrophies. EDG-7500 is a novel cardiac
sarcomere modulator for the treatment of hypertrophic
cardiomyopathy and other diseases of diastolic dysfunction,
currently in Phase 2 clinical development. The entire team at
Edgewise is dedicated to our mission: changing the lives of
patients and families affected by serious muscle diseases. To learn
more, go to: www.edgewisetx.com or follow us on LinkedIn, X,
Facebook and Instagram.
Cautionary Note
Edgewise’s statements are based only on limited and preliminary
information and analysis. Additional information or further
analysis may arise that could lead to different conclusions
regarding Edgewise’s compliance with FDA requirements.
This press release contains forward-looking statements as that
term is defined in Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements in
this press release that are not purely historical are
forward-looking statements. Such forward-looking statements
include, among other things, statements regarding Edgewise’s
compliance with FDA requirements and the impact of the FDA’s
warning letter on Edgewise. Words such as “believe” and “expects”
and similar expressions are intended to identify forward-looking
statements. The forward-looking statements contained herein are
based upon Edgewise’s current expectations and involve assumptions
that may never materialize or may prove to be incorrect. Actual
results could differ materially from those projected in any
forward-looking statements due to numerous risks and uncertainties,
including but not limited to: risks associated with the FDA being
more likely to audit Edgewise’s clinical activities as a result of
the FDA’s actions related to Dr. Han Phan; risks related to the
regulatory approval processes being lengthier and more challenging
as a result of the FDA’s actions related to Dr. Han Phan; risks
associated with the operations of Edgewise’s clinical sites and
Edgewise’s advancement of its clinical trials as a result of the
FDA’s actions related to Dr. Han Phan; and risks associated with
delays or difficulties in the enrollment and/or maintenance of
patients in clinical trials as a result of the FDA’s actions
related to Dr. Han Phan.
Information regarding the foregoing and additional risks may be
found in the section titled “Risk Factors” in documents that
Edgewise files from time to time with the U.S. Securities and
Exchange Commission. These forward-looking statements are made as
of the date of this press release, and Edgewise assumes no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements, except as required by law .
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241205281873/en/
Edgewise Contacts Investors: Behrad Derakhshan,
Ph.D., Chief Business Officer ir@edgewisetx.com
Media: Maureen Franco, VP Corporate Communications
media@edgewisetx.com
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